Lafarge Surma acquires Holcim Bangladesh

The Board of Directors’ of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from the LafargeHolcim Group, says a press release. 

The Board of Directors made the decision in its meeting held on Wednesday.
Lafarge Surma Cement (LSC) is a group company of LafargeHolcim Group and Cementos Molins. The transaction is subject to approval by the shareholders of Lafarge Surma as well as other regulatory and customary approvals in Bangladesh. 
Earlier, the Board of Directors’ of Lafarge Surma in its meeting dated November 02, announced exploring the opportunity of combining the business of Holcim Bangladesh and Lafarge Surma. Lafarge Surma has conducted due diligence on Holcim Bangladesh and assessed the synergy potentials, based on which the Board has approved to progress on the proposed transaction, the statement said. 

 

Lafarge Surma acquires Holcim Bangladesh

The Board of Directors of Lafarge Surma Cement Ltd has approved the acquisition of 100 per cent shares of Holcim Bangladesh from the LafargeHolcim Group, says a press release. The Board of Directors made the decision in its meeting held on Wednesday. Lafarge Surma Cement (LSC) is a group company of LafargeHolcim Group and Cementos Molins. The transaction is subject to approval by the shareholders of Lafarge Surma as well as other regulatory and customary approvals in Bangladesh. Earlier, the Board of Directors of Lafarge Surma in its meeting dated November 02, announced exploring the opportunity of combining the business of Holcim Bangladesh and Lafarge Surma. Lafarge Surma has conducted due diligence on Holcim Bangladesh and assessed the synergy potentials, based on which the Board has approved to progress on the proposed transaction, the statement said.